UK Prime Minister Boris Johnson suffered defeats on Wednesday when Members of Parliament voted for the legislation to stop Britain leaving the European Union without a deal, and blocked a general election call by him.

Switzerland’s UBS Group AG is planning to revamp its investment bank to increase earnings and reduce costs after a fall in performance over the past few quarters.

Health tech start-up uBiome said on Wednesday that it has filed for bankruptcy protection and has put its assets on sale.

Philip Green’s Arcadia fashion group has started to look for a new chairman after interim chairman Jamie Smith stepped down.